Why In The News?
A new ₹1,000 crore Space Venture Fund has been launched to provide financial support to Indian start-ups working in the space industry. The fund, created through a partnership between the Indian National Space Promotion and Authorisation Centre (IN-SPACe) and SIDBI Venture Capital Ltd (SVCL), aims to boost private participation in India’s expanding space ecosystem.
The goal is to make funding more accessible for early-stage companies that are working on research, development, and commercialisation in space technology.



